If you just buy and hold one thing in that time it’s probably 1000. What are you “trading” for?
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Aziiz1
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I started investing about 3 or 4 months ago with $250. Through a few trades during these months, I managed to increase it to $380 without taking on excessive risks. My question is, am I doing a poor job? Note: I'm a beginner.
The people have spoken and $POL is moving on in the #cryptobracket . I must say I’m a little surprised the degens didn’t win. Who will be voted the best #altcoin for the bullrun? #cryptobro
Things are showing strength. We may get a drop down to 85k on $BTC . Cyclically speaking, we should see dominance drop and the other coins run so even if btc drops we will see some more upside, hypothetically. I also believe we are getting into a new age for #crypto so our old beliefs and patterns may not be true anymore. What would that mean? No drop in Dominance and j growth all around, hopefully only the “good “ projects survive. Everything we think we knew about crypto might be changing. #cryptobro
My end state there is only 200 coins so we need to lose about 50000. #cryptobro
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U.today
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Binance Founder CZ Breaks Silence on 'Weird' Meme Coin Cycle
Meme coins are a big deal in the crypto industry at the moment. However, Binance cofounder Changpeng "CZ" Zhao has spotlighted the wild west nature of the ecosystem. Taking to his official X account, CZsaid that though he is not against memes, he claims "meme coins are getting 'a little' weird now."
Meme coin super cycle
The grand meme coin revolution started with Dogecoin (DOGE) but soon expanded to Ethereum and other blockchain protocols. Currently, protocols like Solana have Pump Fun, a meme coin launchpad that makes it easier for anyone to launch meme coins.
I am not against memes, but meme coins are getting "a little" weird now.Let's build real applications using blockchain.
— CZ 🔶 BNB (@cz_binance) November 26, 2024
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LikePump Fun, the Tron ecosystem also has Sun Pump, with other layer-1 outfits looking to get in the game. The explosion in meme coin adoption has helped Solana achieve an impressive transaction count milestone over Ethereum.
To CZ, these meme coins are derailing the market from the general goal of blockchain technology. In offering his recommendation, he said that now that the weirdness is visible, it is time to "build real applications using blockchain."
The CZ post has garnered many reactions, with community members attesting to the weirdness in the sector. One commenter, @IncomeSharks, noted that memes "went from being fun, then being funny, to being extremely weird and desperate."
Promising projects recommits
The backlash for the meme coin ecosystem partly stems from abusing the Pump Fun launchpad’s livestream feature. Meme coin launchers have been committing online offenses to pump liquidity into their tokens.
Amid this backlash, Shiba Inu lead developer Shytoshi Kusama has recommitted to staying ahead of the pack.
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Already, Shiba Inu has proven its affinity for building with the launch ofShibarium, an Ethereum L2, to develop usable applications. Beyond SHIB, other projects, including BONK andPEPE, have grown a dedicated community that has earned them a huge market capitalization.
With the growing call, it remains to be seen what the future holds for the meme coin ecosystem or whether the longevity of established projects will be retested.
Just doing a little look at the charts, I see a 20% downside and multiple times upside from here. Readjust if or when we hit that level. 1 unit now, -10% 2 units , -20 % 2 units. -30% 2 units . I will use a Dca plan like this. 1unit would be 1/100 of total trading pool. $BTC #cryptobro
Not much panicking yet, I’m looking to #dca and get some good entries, still thinking we have a lot of room. They are waiting to clear our books. Grab your set and ask what you think the market is going to do. Do you really think we are going up or just on green days. #conviction #btc
I read something about the $BTC etfs eating up tens of times the weekly production of mining. There is a major supply crunch coming if they keep it up.